The FDA has approved a new drug, Zepbound, from Lilly (Eli) & Co, which will be used to treat obesity. According to the World Health Organization, nearly 3 million people die from obesity annually worldwide. Therefore, Zepbound is expected to be in demand, allowing the issuer to increase its revenue while maintaining current profitability levels. According to...
Apple Inc. has introduced new integrations with the Salesforce Inc. tools, such as Apple Messages for Business in Service Cloud or ARKit in the Field Service mobile app. The partnership between the companies began in 2018 and continues to expand.
Salesforce Inc. clients will be able to interact using Messages, and technicians will receive an ARKit-based room...
Coca-Cola Co. reported a quarterly revenue increase of 8% to 12 billion USD and a net profit per share rise of 9% to 0.71 USD, potentially leading to future dividend growth. Considering the company's status as a dividend aristocrat, this development could become a factor for capitalisation growth.
So today, we suggest looking at the Coca-Cola Co. (NYSE: KO) stock...
The competition within the artificial intelligence industry continues. According to a report from Alphabet Inc., its proprietary product, the Gemini AI model, has demonstrated promising results compared to its competitors. It is reasonable to assume that increased competition will improve product quality, providing Google with every chance to capture a substantial...
Due to the economic downturn in China, Apple Inc.'s revenue has been declining for the fourth consecutive quarter. Additionally, it faces growing competition from Huawei.
However, the expectations of investment experts are still higher than the issuer's current stock prices despite JPMorgan experts lowering their forecast to 225 USD. As we can see, the growth...
CVS Health Corp. revised its forecast for revenue in 2024 upward to 366 billion USD. In addition, the issuer announced an increase in dividend payments by 9.9%. Such moves boost the attractiveness of the company's shares; moreover, the inevitable emergence of new diseases promises increased sales for CVS Health.
So, today, we decided to look at the CVS Health...
Salesforce Inc. reported robust Q3 2023 results (financial year), significantly surpassing analysts' expectations: net income per share surged to $2.11, and revenue reached $8.72 billion.
At the end of November, the company announced an expanded collaboration with Amazon.com Inc., which can contribute to sustained solid financial results for Salesforce in Q4 2023...
Apple Inc. announced changes to its messaging software in 2024, aiming to facilitate integration between iOS and Android. The Rich Communication Services protocol, supported by the GSM Association, is in the implementation plans. The indirect purpose of such innovation is to encourage Android users to switch to the iOS operating system.
So today, we suggest...
Pfizer Inc. shares have reached their lowest levels since March 2020, during the height of the coronavirus pandemic. Since the beginning of 2023, the issuer's securities have declined due to reduced revenue from drug and COVID-19 vaccine sales.
However, Pfizer's potential is not exhausted, as the company intends to introduce a new drug called Danuglipron to...
Airbnb Inc. has announced plans to acquire GamePlannerAlm, a start-up developing artificial intelligence technology, to bolster its position in this industry. While Airbnb previously focused on buying companies in the tourism sector, its management has now shifted towards integrating artificial intelligence into its business processes.
So today, we suggest...
Nvidia Corp. delivered an impressive financial report for Q3 2023. Net profit amounted to 9.24 billion USD, and revenue reached 18.12 billion USD. In comparison, last year's figures were 680 million USD and 5.93 billion USD, respectively. This increased performance is attributed to advancements in the company's data processing department, utilising chips with...
Microsoft Corporation now employs Sam Altman, the recently fired head of OpenAI, which developed ChatGPT. This new hire is expected to contribute to the company's advancements in artificial intelligence, which is currently garnering close attention from the media and investors. Undoubtedly, AI will shortly become an integral part of our lives and bring stable...
Telecommunications giant Verizon Communications Inc. and the aerospace Lockheed Martin Corporation have demonstrated the viability of operating a 5G network using drones and satellites. This achievement is significant, holding high potential for project commercialisation, which opens up opportunities to bolster the company's revenue and break the prevailing...
Is Walmart stock sinking?
Walmart Inc. has revised its earnings per share forecast from 6.40 USD to 6.48 USD, significantly below market expectations. In addition, the company's revenue projections have deteriorated. Against the backdrop of decreasing inflation in the US, there has been a sell-off of the issuer's securities. Concerns about competition with the...
Nvidia Corp unveiled its new H200 Tensor Core GPU yesterday, 13 November 2023. This chip boasts a 60-90% productivity increase compared to current models, with Nvidia's main competitors still in the process of developing analogs. The H200 Tensor Core is scheduled for general sale in Q2 2024. It may lead to a future rise in revenue and net profit of the...
The Walt Disney Company pleasantly surprised investors with a robust quarterly report. Its CEO, Robert Iger, is pursuing an effective cost-cutting strategy. The company is considering the initiation of shareholder dividends and the launch of new projects by the end of 2023. The developmental crisis seems to has been successfully overcome.
Therefore, today, our...
Tesla Inc's CEO, Elon Musk, announced plans to start the production of Tesla cars at their plant in Germany. The cost of the final product should be around 25,000 EUR.
For the issuer, this is a significant event as the high price of Tesla cars has been one of the company's issues since its inception. Tesla could never compete in the budget segment with other car...
Starbucks Corp. delivered a solid financial 2023 report. Revenue for Q4 of the 2023 fiscal year reached 9.4 billion USD, with a relative increase of 11%. Net profit per share for the same period increased by 39% to 1.06 USD. The company's management plans to maintain sales growth rates above 10% and net profit above 15%.
Therefore, today, we focus on the...
